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28
th
May, 2002
Notification No.31/2002-Customs (N.T.)
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of
1962) and in partial supercession of the notification of the Government of India in the Ministry of Finance (Department of
Revenue) No.22/2002-NT-Customs, dated the 24
th
April, 2002 [S.O.460(E) dated the 24
th
April, 2002] in so far as the said
notification relates to powers exercised under the provision of the said Customs Act, the Central Board of Excise and Customs
hereby determines for the purposes of section 14 of the said Customs Act, relating to imported goods, that the rate of
exchange of conversion of each of the foreign currency specified in column (2) of Schedule I and Schedule II appended hereto
into Indian currency or vice-versa shall, with effect from the 1
st
June, 2002 be the rate mentioned against it in the
corresponding entry in column (3) thereof.
Schedule-I
S.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
1.Australian Dollar 27.40
2.Canadian Dollar 32.05
3.Danish Kroner 6.10
4.EURO 45.35
5.Hong Kong Dollar 6.30
6.Norwegian Kroner 6.10
7.Pound Sterling 71.75
8.Swedish Kroner 4.95
9.Swiss Franc 31.15
10.Singapore Dollar 27.35
11.US Dollar 49.15
Schedule-II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
1.Japanese Yen 39.40
N.J. Kumresh
Under Secretary to the Government of India
F.No.468/13/2002-Cus.V
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